SOURCE: TVG

TVG

October 31, 2012 16:29 ET

TVG and Cal Expo Harness Forge Exclusive Broadcast Partnership

LOS ANGELES, CA and SACRAMENTO, CA--(Marketwire - Oct 31, 2012) - TVG, America's Horseracing Network, and Watch and Wager LLC, the new operator of Sacramento's Cal Expo Harness, which will launch its 2012-13 meet on Friday night, have forged an exclusive broadcast partnership, both companies have announced.

Cal Expo Harness, located at the California State Fairgrounds, will present live racing Friday and Saturday nights through December 22, adding Thursday night racing from December 27 through May 11, 2013. First post is scheduled for 5:55 p.m. PT, with the last race slated for 11 p.m. PT.

"We are excited to have TVG as our exclusive broadcast partner and as an ADW provider," said Chris Schick, general manager of Cal Expo Harness. "We believe that TVG's widespread distribution network will be a major asset and will help bring the California harness racing industry to a new level."

"TVG welcomes the opportunity to serve as the exclusive broadcast partner of Cal Expo Harness," said Tony Allevato, TVG's executive vice president. "The track's new ownership group and management team are committed to presenting a first class racing product, and we look forward to delivering that product to our viewers and customers."

Schick cites several reasons why Cal Expo Harness will succeed in developing a strong following.

"First, our goal is to deliver the best racing product possible and with racing operations from around the country sending horses here we believe we are on the way to achieving that goal," he said. "Second, we are committed to being consumer friendly, including offering three nightly popular exotic wagers -- a 50 cent pick 5, a $25,000 guaranteed $1 pick 4 and a 10 cent super high five -- with low 16 percent takeout rates. Finally, by racing from 6 to 11 p.m. PT, we should attract an audience across all time zones, picking up east coast fans when those tracks close, adding people in central time and maintaining the west coast viewer all evening."

TVG account holders can wager on all Cal Expo Harness races at https://www.TVG.com.

TVG, a subsidiary of Betfair Group plc, the premier e-gaming betting community, is among the most widely distributed horseracing networks in the world. TVG is one of the largest legal online gaming companies in the US, accepting over $650 million in wagers in 2011. The company has demonstrated its commitment to the racing industry, its owners, tracks and fans through sponsorship of several preeminent races including the TVG Pacific Classic and the TVG Jockey Club Gold Cup.

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